F - TEC
ActiveSummary
For F - TEC, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €434,840 and a net result of €5,913. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 93% of 24624 sector peers (fiscal year 2023). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability75▲+2
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
87.5%
Return on assets
1.2%
Age of the figures
37 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-08-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-08-2024 close31-03-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-08-2023 was due by 31-03-2024 and was filed on 31-05-2024, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
61 d late
2022
61 d late
2021
71 d late
2020
429 d late
2019
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 136 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€68,417▼ 53.1%
2022 · €146,014
EBIT margin
13.1%▲ 0.7pp
2022 · 12.5%
Net result
€5,913▼ 56.6%
2022 · €13,611
Working capital
€429,136▲ 1.9%
2022 · €421,113
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€658,261-€146,014€68,417▼ 53.1%
Operating result€52,515-€37,457▼ 28.7%€3,008▼ 92.0%€18,180▲ 504%€8,982▼ 50.6%
Net result€39,046-€19,899within the sector's middle half▼ 49.0%€1,693within the sector's middle half▼ 91.5%€13,611within the sector's middle half▲ 704%€5,913within the sector's middle half▼ 56.6%
EBIT margin8.0%-12.5%13.1%▲ 0.7pp
Equity€398,246-€413,623above the sector's middle half▲ 3.9%€415,316above the sector's middle half▲ 0.4%€428,927above the sector's middle half▲ 3.3%€434,840above the sector's middle half▲ 1.4%
Total assets€543,042-€512,828above the sector's middle half▼ 5.6%€468,316above the sector's middle half▼ 8.7%€509,440above the sector's middle half▲ 8.8%€497,187above the sector's middle half▼ 2.4%
Debt€144,796-€99,205▼ 31.5%€53,000▼ 46.6%€80,513▲ 51.9%€62,348▼ 22.6%
Working capital€386,400-€402,787above the sector's middle half▲ 4.2%€406,590above the sector's middle half▲ 0.9%€421,113above the sector's middle half▲ 3.6%€429,136above the sector's middle half▲ 1.9%
Solvency73.3%-80.7%above the sector's middle half▲ 7.3pp88.7%above the sector's middle half▲ 8.0pp84.2%above the sector's middle half▼ 4.5pp87.5%above the sector's middle half▲ 3.3pp
Current ratio3.67-5.06above the sector's middle half▲ 1.398.67above the sector's middle half▲ 3.616.23above the sector's middle half▼ 2.447.88above the sector's middle half▲ 1.65
Return on assets (ROA)7.2%-3.9%within the sector's middle half▼ 3.3pp0.4%within the sector's middle half▼ 3.5pp2.7%within the sector's middle half▲ 2.3pp1.2%within the sector's middle half▼ 1.5pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 51% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €497,187
Fixed assets
€5,704 ▼ 27.0%
Current assets
€491,484 ▼ 2.0%
Equity and liabilities €497,187
Equity
€434,840 ▲ 1.4%
Debt
€62,348 ▼ 22.6%
Debt's share of the balance-sheet total falls from 15.8% to 12.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,092▼
2022 · €20,290
Cash flow
€8,023▼
2022 · €15,721
Quick ratio
7.72▲
2022 · 6.10
Debt to equity
0.14▼
2022 · 0.19
ROE
1.4%▼
2022 · 3.2%
Interest coverage
209.65▼
2022 · 638.06
Debt ≤ 1 year
€62,348▼
2022 · €80,513
Income taxes
€3,017▼
2022 · €4,537
Staff costs
€4,861▼
2022 · €8,897
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €658,261 | - | - | €146,014 | €68,417 | ▼ 53.1% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €84,581 | €51,687 | ▼ 38.9% |
| Remuneration, social security and pensions62 | - | - | €5,174 | €8,897 | €4,861 | ▼ 45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,770 | €2,110 | €2,110 | €2,110 | €2,110 | = |
| Other operating charges640/8 | - | €628 | €646 | €764 | €777 | ▲ 1.7% |
| Gross operating margin9900 | €54,904 | €40,195 | €10,938 | €29,950 | €16,730 | ▼ 44.1% |
| Operating profit (loss)9901 | €52,515 | €37,457 | €3,008 | €18,180 | €8,982 | ▼ 50.6% |
| Financial charges65/66B | - | €657 | €99 | €32 | €53 | ▲ 66.4% |
| Recurring financial charges65 | €1,187 | €657 | €99 | €32 | €53 | ▲ 66.4% |
| Profit (loss) for the period before taxes9903 | €51,328 | €36,800 | €2,910 | €18,148 | €8,929 | ▼ 50.8% |
| Income taxes67/77 | €12,282 | €16,902 | €1,216 | €4,537 | €3,017 | ▼ 33.5% |
| Profit (loss) for the period9904 | €39,046 | €19,899 | €1,693 | €13,611 | €5,913 | ▼ 56.6% |
| Profit (loss) for the period to be appropriated9905 | €39,046 | €19,899 | €1,693 | €13,611 | €5,913 | ▼ 56.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €543,042 | €512,828 | €468,316 | €509,440 | €497,187 | ▼ 2.4% |
| Fixed assets21/28 | €11,846 | €10,836 | €8,726 | €7,814 | €5,704 | ▼ 27.0% |
| Tangible fixed assets22/27 | €11,306 | €10,296 | €8,186 | €7,274 | €5,164 | ▼ 29.0% |
| Land and buildings22 | - | €9,536 | €7,766 | €5,995 | €4,225 | ▼ 29.5% |
| Plant, machinery and equipment23 | - | €760 | €420 | €1,278 | €938 | ▼ 26.6% |
| Financial fixed assets28 | €540 | €540 | €540 | €540 | €540 | = |
| Current assets29/58 | €531,196 | €501,992 | €459,590 | €501,626 | €491,484 | ▼ 2.0% |
| Stocks and contracts in progress3 | €17,378 | €9,526 | €41,731 | €10,248 | €10,248 | = |
| Stocks30/36 | - | €9,526 | €41,731 | €10,248 | €10,248 | = |
| Amounts receivable within one year40/41 | €323,089 | €159,247 | €104,558 | €98,120 | €108,830 | ▲ 10.9% |
| Trade receivables40 | - | €158,471 | €97,954 | €89,675 | €107,964 | ▲ 20.4% |
| Other amounts receivable41 | - | €776 | €6,604 | €8,445 | €866 | ▼ 89.7% |
| Cash at bank and in hand54/58 | €190,729 | €333,219 | €313,301 | €393,259 | €372,406 | ▼ 5.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €543,042 | €512,828 | €468,316 | €509,440 | €497,187 | ▼ 2.4% |
| Equity10/15 | €398,246 | €413,623 | €415,316 | €428,927 | €434,840 | ▲ 1.4% |
| Contributions10/11 | €50,592 | €50,592 | €50,592 | €50,592 | €50,592 | = |
| Capital10 | - | €50,592 | €50,592 | €50,592 | €50,592 | = |
| Issued capital100 | - | €50,592 | €50,592 | €50,592 | €50,592 | = |
| Reserves13 | €153,041 | €153,041 | €153,041 | €153,041 | €153,041 | = |
| Non-distributable reserves130/1 | - | €5,059 | €5,059 | €5,059 | €5,059 | = |
| Legal reserve130 | - | €5,059 | €5,059 | €5,059 | €5,059 | = |
| Distributable reserves133 | - | €147,982 | €147,982 | €147,982 | €147,982 | = |
| Profit (loss) carried forward14 | €194,613 | €209,989 | €211,683 | €225,294 | €231,207 | ▲ 2.6% |
| Amounts payable17/49 | €144,796 | €99,205 | €53,000 | €80,513 | €62,348 | ▼ 22.6% |
| Amounts payable within one year42/48 | €144,796 | €99,205 | €53,000 | €80,513 | €62,348 | ▼ 22.6% |
| Trade debts44 | €109,168 | €83,750 | €37,202 | €58,208 | €30,313 | ▼ 47.9% |
| Suppliers440/4 | - | €83,750 | €37,202 | €58,208 | €30,313 | ▼ 47.9% |
| Taxes, remuneration and social security45 | - | €5,677 | €6,538 | €13,045 | €1,971 | ▼ 84.9% |
| Taxes450/3 | - | €5,677 | €4,936 | €9,146 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | €1,603 | €3,899 | €1,971 | ▼ 49.5% |
| Other amounts payable47/48 | - | €9,778 | €9,260 | €9,260 | €30,064 | ▲ 225% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,046 | €19,899 | €1,693 | €13,611 | €5,913 | ▼ 56.6% |
| + Depreciation and write-downs630 | €1,770 | €2,110 | €2,110 | €2,110 | €2,110 | = |
| Operating cash flow (approximation) | €40,816 | €22,009 | €3,804 | €15,721 | €8,023 | ▼ 49.0% |
| Investment in fixed assets (approximation) | - | -€1,100 | €0 | -€1,198 | €0 | ▲ 100% |
| Change in cash | - | €142,490 | -€19,918 | €79,958 | -€20,853 | ▼ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 429 days late
2021
31-08
Financial
Weakest financial yearnet €1,693 ▼91.5%
Net result drops to €1,693, the lowest in the series; recovery starts the following year.
2020
30-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
30-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
29-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Duffel · 1 establishment unit since 1997
Ground area
3,307 m²
Building footprint
135 m²
Volume, LiDAR
771 m³
Parcel 12302B0090/00L000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
F-TEC
since 19972.113.620.397
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12302B0090/00L000 | Flanders | 3,307 m² | 1 · 135 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,223 companies in sector 47400 we hold annual accounts for 1,808. 1,155 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded31-07-1992
Fiscal year end31-08
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
58110Book publishing
62100Computer programming
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447953225
Also
9925:BE0447953225
Registered
26-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.